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  • September 24, 2014
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  1. Homeowners plan to sue giant developer

    Posted Sep 13th 2010, 12:00am by Staff Reporter

    ... Alice Yan Hundreds of Shanghai homeowners are planning to sue China Vanke, the mainland's biggest publicly traded developer, accusing it of selling a building in their housing estate that they say belongs to them. The row between owners of flats in Xuhui district's Waltz Garden complex and the developer, which began 11 months ago, is not an isolated case in the country's ...

  2. Developing a special bond with China

    Posted Sep 21st 2010, 12:00am by Chris Davis

    ... and a major provider of aid to developing countries. Al-Rowaily says Saudi Arabia has increased its oil-producing capacity by two million barrels per day in order to ensure supply and price stability. ...

  3. Sharp rise in revenue, profit for developer

    Posted Apr 19th 2010, 12:00am by Wilson Lau

    ... Wilson Lau Property developer Glorious Property Holdings reported a sharp rise in its revenue and gross profit for last year, driven by strong demand for luxury residential projects ... from 22 fen in the previous year. The board of directors recommended payment of a final dividend of 3 fen per share. Specialising in the development and sales of higher-end commercial ...

  4. Chinalco and Rio Tinto to jointly develop giant Guinea ore reserve

    Posted Mar 20th 2010, 12:00am by Howard Winn

    ... Howard Winn Rio Tinto has signed a US$1.35 billion deal with the mainland's largest aluminium company, Chinalco, to develop the huge Simandou iron ore project in Guinea. Under ... rapidly growing economy is consuming with the development of infrastructure, housing and the production of cars and ships. The price of iron ore has been the subject of intense friction between ...

  5. Michelin to develop tyres for electric vehicles on the mainland

    Posted Dec 08th 2008, 12:00am by Kandy Wong

    ... Kandy Wong French tyremaker Michelin said it would develop tyres for the mainland's electric vehicles. 'Our strategy would be to produce tyres that use less energy or offer less ... hasten the development of environmentally friendly technologies. Michelin and Beijing-based battery material supplier Citic Guoan Mengguli signed an agreement this year to develop powertrains ...

  6. Sales strategy pays off for developer

    Posted Oct 31st 2008, 12:00am by Kenneth Ko

    ... Kenneth Ko Hang Lung Properties, one of the most aggressive developers undertaking residential projects in West Kowloon, has been adopting a high-price strategy to sell properties. ... 'The government has been investing a lot of resources in infrastructure developments in West Kowloon, a large reclamation area supported by well-thought out strategic planning. We believe ...

  7. Developers shift focus to small-scale hotel projects

    Posted Aug 06th 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu Hong Kong property developers have turned their attention to investing in mid-priced hotel and serviced apartment projects located outside prime tourist centres. The outcome is a big jump in approvals for such projects, with 20 proposed developments cleared by the Buildings Department in the first half of the year, compared with just nine for the whole of last year. ...

  8. Beijing developer advises investors to be cautious

    Posted Nov 27th 2003, 12:00am by Peggy Sito

    ... Peggy Sito Soho China chief says the government is cracking down on illegal land use One of Beijing's leading developers has warned those thinking of investing in property in the city to be prepared for a volatile few months. Soho China chairman Pan Shiyi said a number of developers could run into trouble with the central government, which is determined to crack down hard ...

  9. Developer says preference for rail firms in land supply is outdated

    Posted Jul 24th 2003, 12:00am by Peggy Sito

    ... A major property developer has joined a growing debate over the government's preferential land supply policy for Hong Kong's two railway firms, saying it is outdated. Hang Lung Properties chairman Ronnie Chan Chi-chung yesterday said the government had given the MTR Corp (MTRC) and Kowloon-Canton Railway Corp (KCRC) land-development rights as an indirect grant to provide ...

  10. Developer denies defrauding four banks

    Posted Jul 19th 2005, 12:00am by Jonathan Li

    ... Jonathan Li A property developer carried out a string of bogus property transactions to defraud banks over mortgages worth more than $12 million, the District Court heard yesterday. ... of Gold-Face, True Gold Investment (TGI), the developer of the project. Cheung, Tin and Kong were said to be purchasers in the alleged mortgage scams. Cheung was a brokerage company director, while Tin ...




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